Common use of Extended Testing Licence Clause in Contracts

Extended Testing Licence. If the Problem Xxxxxx’s submission is selected as a finalist for the Challenge, an extended period of testing may be required to evaluate your submission and for the proof-of-concept or prototype of the solution to be developed. ARTC therefore may expect the Problem Solver to grant to it, a non-exclusive, royalty- free licence of all Created IP as well as IP owned or controlled by you prior to the Challenge for the purpose of testing and evaluating the Problem Solver’s solution, for a period of [12] months from the date your submission is selected as a finalist for the Challenge. To be clear, you are not obliged to grant the licence mentioned above until you and ARTC enter into a separate written agreement containing the terms of this licence.

Appears in 4 contracts

Samples: Participation Terms, Participation Agreement, Participation Terms

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